ANZ Variable Interest Rate changes

ANZ has announced a decrease to interest rates for variable rate mortgages by 0.25 percent per annum as a first step in delivering on its promise to pass on interest rate cuts as global market conditions ease.

This variable home loan interest rate change is in addition to the decrease of up to 0.80 percent per annum announced last week.

The new lower variable home loan interest rates will be effective Monday 27th October 2008

Contact Ability Finance brokers using this email form or telephone 02 80024035 for further information and assistance comparing all the banks and lenders on their panel and choosing a suitable home loan.

The next Reserve Bank of Australia media release following the RBA board meeting will be,
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